Weak demand and slimmer retail margins eat into airfreight spend
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and ...
There’s a headline that actually doesn’t do the facts of the story justice. A “major problem” is something of an understatement, given that the latest annual crime survey from the National Retail Federation in the US concludes it’s a $30bn a year business, with 88% of retailers the victims of organised crime in the last year, while some 35% of those surveyed had experienced freight theft – of which some 40% where it took place en route from the manufacturer to the distribution centre, while 51% of incidents took place between the DC and the store. Big, big numbers.
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